OmbraMicros versus minis: the same stop, ten times the risk
MNQ (Micro E-mini Nasdaq-100) moves $2 a point per contract. NQ (E-mini Nasdaq-100) moves $20 a point. One NQ carries the same dollar risk as ten MNQ.
With a 20-point stop, 1 MNQ risks $40, 5 MNQ risk $200 and 1 NQ risks $400, if the stop fills exactly at its price. Two NQ is $800, which is 40% of a $2,000 drawdown on one trade.
Micros let you size in small steps, so you can fit your risk to your drawdown rather than the other way round. They also cost more in fees per dollar of exposure, so it is a trade-off, not a free lunch.
A simple habit: decide your dollar risk for the trade first, then divide by your stop in points times the dollars per point. The answer is your size.
Education only. Not advice. Trading futures carries risk of loss; evaluations use simulated accounts.